Shenkman Floating Cash Position Weight vs. Three Year Return
| SFHIX Fund | USD 9.20 0.01 0.11% |
For Shenkman Floating profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shenkman Floating to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shenkman Floating Rate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shenkman Floating's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shenkman Floating Rate over time as well as its relative position and ranking within its peers.
Shenkman |
Shenkman Floating Rate Three Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shenkman Floating's current stock value. Our valuation model uses many indicators to compare Shenkman Floating value to that of its competitors to determine the firm's financial worth. Shenkman Floating Rate is rated top fund in cash position weight among similar funds. It also is rated top fund in three year return among similar funds reporting about 3.62 of Three Year Return per Cash Position Weight. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Shenkman Floating's earnings, one of the primary drivers of an investment's value.Shenkman Three Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Shenkman Floating |
| = | 1.69 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Shenkman Floating |
| = | 6.11 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Shenkman Three Year Return Comparison
Shenkman Floating is currently under evaluation in three year return among similar funds.
Shenkman Floating Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shenkman Floating, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shenkman Floating will eventually generate negative long term returns. The profitability progress is the general direction of Shenkman Floating's change in net profit over the period of time. It can combine multiple indicators of Shenkman Floating, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets in a diversified portfolio of senior secured and unsecured floating rate bank loans and other floating rate instruments. The loans and other instruments in which the fund invests include bank loans to corporate borrowers, traditional corporate bonds, notes, debentures, zero-coupon bonds, collateralized loan obligations and other corporate debt securities, and obligations of the U.S. government and government-sponsored entities.
Shenkman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shenkman Floating. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Shenkman Floating position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Shenkman Floating's important profitability drivers and their relationship over time.
Use Shenkman Floating in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shenkman Floating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shenkman Floating will appreciate offsetting losses from the drop in the long position's value.Shenkman Floating Pair Trading
Shenkman Floating Rate Pair Trading Analysis
The ability to find closely correlated positions to Shenkman Floating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shenkman Floating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shenkman Floating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shenkman Floating Rate to buy it.
The correlation of Shenkman Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shenkman Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenkman Floating Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shenkman Floating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Shenkman Floating position
In addition to having Shenkman Floating in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Index Theme or any other thematic opportunities.
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Other Information on Investing in Shenkman Mutual Fund
To fully project Shenkman Floating's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shenkman Floating Rate at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Shenkman Floating's income statement, its balance sheet, and the statement of cash flows.
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